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What is Investors in People
Investors in People is the national Standard which sets a level of good practice for training and development of people to achieve business goals. The Standard was developed during 1990 by the National Training Task Force in partnership with leading national business, personnel, professional and employee organisations such as the Confederation of British Industry (CBI), Trades Union Congress (TUC) and the Institute of Personnel and Development (IPD). The work was supported by the Employment Department. The experiences of the UK's most successful organisations, large and small, representing all sectors of the UK economy, were very positive and the Standard received the full endorsement of the wide range of interested parties.

The Standard provides a national framework for improving business performance and competitiveness, through a planned approach to setting and communicating business objectives and developing people to meet these objectives. The result, is that what people can do and are motivated to do, matches what the organisation needs them to do. The process is cyclical and should engender the culture of continuous improvement.

The Investors in People Standard is based on four key principles:

Commitment
Commitment to invest in people to achieve business goals
Planning
Planning how skills, individuals and teams are to be developed to achieve these goals
Action
Taking action to develop and use necessary skills in a well defined and continuing programme directly tied to business objectives
Evaluating
Evaluating outcomes of training and development for individuals' progress towards goals, the value achieved and future needs.

These four key principles are a cyclical process and are broken down into 12 indicators, against which organisations wishing to be recognised as an 'Investor in People' will be assessed.

ACHIEVING THE STANDARD

Being recognised as an 'Investor in People' involves a number of steps:

Understanding the Standard and its strategic implications for your organisation
Undertaking a review against the Standard to identify any gaps in current practice
Making the commitment to meet the Standard and communicating that commitment to all members of staff
Planning and taking action, to bring about change
Bringing together the evidence for assessment against the Standard
Achievement or recognition as an Investor in People
Working to keep the culture of continuous improvement alive.

Links
Investors In People UK
The official Website of Investors In People UK...

The National Centre
The National Centre was established in 1993 as part of the strategy to deliver Investors in People across the country. Its aim is to provide a nationally focused service for major organisations...

 

 

 

 

 

 

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